County Road 244AbbevilleMS38601
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Abbeville at County Road 244, Abbeville, MS, 38601 offers a 11.68% rental yield on a $185,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $905/mo payment leaves $668/mo available for distribution. Annual cash flow reaches $8,021/yr on $61,328 to close, and return on cash invested stands at 32.99% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 172.94% and total cumulative return in cash at $106,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38601, Abbeville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 793 (72.8%) |
| Renter Occupied HU | 140 (12.9%) |
| Vacant Housing Units | 156 (14.3%) |
| Median Home Value | $151,603 |
| Average Home Value | $258,859 |
Housing Distribution
Address Breakdown
Residential
992
Single Family
992
Multi-Family
0
Businesses
36
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Listed by: Luke Gossett • SmallTown Properties
Mls Name: REALSTACK
Mls ID: #86574